NBC retains media rights to Preakness Stakes after competitive bidding

Yahoo Sports1 min read • Latest: Aug 4, 2026, 10:07 PM

Last updated Aug 4, 2026

NBC retains media rights to Preakness Stakes after competitive bidding
Summary

NBC Sports will continue to hold the media rights to the Preakness Stakes, as confirmed by sources after a bidding competition. The network, which has broadcast the race since 2001, faced contenders including Fox Sports, Netflix, and Amazon. The terms of the new deal have not been disclosed. A press conference is scheduled for 12 p.m. ET on August 5 in Annapolis, where officials are expected to make a formal announcement. This past May, the Preakness attracted an average of 5.5 million viewers, marking a 22% increase from 2025.

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Key Details
  • NBC has held the Preakness rights since 2001.
  • The network faced competition from Fox Sports, Netflix, and Amazon.
  • The Preakness drew its largest audience since 2021 this past May.
  • A press conference detailing the contract will take place on August 5.
  • NBC also holds rights to the Kentucky Derby until 2032.
Latest Updates
  • 10:07 PMYahoo SportsNBC to Retain Media Rights to Preakness Stakes
What they're saying
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NBC has held the race’s rights since 2001.

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